Anyone else prefer Eagles for their IRA, even with the premium? Or am I just old school?
- •I get it, every penny counts, especially with the amounts we're talking about in an IRA.
- •But seriously, the historical recognition of the Eagle, the fractional options, and just the sheer familiarity of it makes me feel more secure.
- •I know the Buffalo has its purity going for it (0.9999 vs 0.9167 for the Eagle) and some folks really value that.
Been seeing a lot of chatter lately about folks choosing Buffalos over Eagles for their precious metals IRAs, mostly because of the slightly lower premium on Buffalos. I get it, every penny counts, especially with the amounts we're talking about in an IRA. But I gotta say, even after all these years in the game – 20+ years, since before Y2K even was a thing – my preference still leans heavily towards the American Gold Eagle.
My wife laughs and says it's just because I'm an auto industry guy and I like the "Made in USA" stamp, and yeah, maybe there's a kernel of truth to that. But seriously, the historical recognition of the Eagle, the fractional options, and just the sheer familiarity of it makes me feel more secure. I've rolled over a good chunk of my pension into my Gold IRA over the years, probably sitting somewhere between $700k and $800k in gold now, and most of that is in Eagles. Living in Detroit, we've seen enough economic uncertainty to know that tried and true often beats out slightly cheaper when it comes to long-term stability.
I know the Buffalo has its purity going for it (0.9999 vs 0.9167 for the Eagle) and some folks really value that. But for an IRA, where I'm not planning on selling these off anytime soon, is that extra purity really a game-changer? Or is it more about liquidity and recognition if you ever did need to exit the position quickly? I'm genuinely curious if others who've been doing this for a while still lean towards the Eagles, or if the tide has genuinely turned for good on this one.